From @Telegraph: "There are more seven-year-olds on disability benefits than 50-year-olds". With that kind of stat on the go, I don't think it is possible to deny that there is a problem with welfare in the UK.
The real story is that he was able to do this.
That it worked, even briefly, shows the obscene inefficiency and management incompetence in our civil service.
Investors in @Zanaga_Iron_Ore (AIM: ZIOC) were originally brought in to help build one of the world's largest undeveloped iron ore projects. Now, they are proposing to take control of it.
The company answered none of our questions, and we have written to AIM Regulation and the FCA. If you hold ZIOC, read the circular closely when it arrives, and vote.
🔗 https://t.co/EU9I2QPbzq
#AIM #ZIOC #IronOre #MiningStocks #Investing #Shareholders
Spiller also tells Citywire: “Saba has no question had a beneficial effect”. The activist’s presence in many trusts spurred boards into buying back shares & undertaking mergers they wouldn’t have done, saying eg it was Saba pressure that got BlackRock to merge #THRG with #BRSC.
A desperately sorry tale of luxury beliefs overriding economic growth and prosperity in my home town of Hull.
The most depressing line in the whole article: "the BBC understands workers across the sites will be kept on while Ineos tries to buy liquefied natural gas (LNG) directly from the US at lower prices"
Sourcing that LNG will come at four times the carbon footprint of domestically-extracted gas. Well done everybody for an energy policy that makes us poorer, more polluting, and less resilient.👋👋
https://t.co/guorZWSQvE
This whole argument has been debunked by the brilliant @jburnmurdoch: the UK tax wedge is the largest in the world.
Whilst Switzerland raises 2% of GDP in the form of taxes on wealth, the UK raises 3.7% of GDP. This 1% proposal would take the UK to more than twice the level of Switzerland. Fiscal arbitrage on assets is a thing.
The UK is a strange place. Economically moribund and technologically dependant - so you'd think open weight AI you can download and adapt at amazingly cheap prices would be welcomed
Anyway, here's a longtime government advisor suggesting you should need a license to use one
The information gap is the investing gap.
Susannah Streeter (@WealthClubUK) leads Inform the Nation with Jenni Fulton (@EmperorTalks), Neil Shah (@Edison_Inv_Res) and Kat Perez (@LondonSouthEast ) at Investor Summit 2026.
18 September, London. Book your place. https://t.co/Rbut5gK10O
The Economist on the Martin Lewis Nation:
"A measly 13% of the financial assets of British households are shares, the lowest in almost any large developed economy. In Ramseyan America the figure is 44%. No amount of scrimping and saving will compensate Britons for missing out on the profound benefits of long-term compound returns."
Sad to hear that Burnham's team is considering closing DSIT.
The UK has a major competitive advantage in its scientific capacity. Turning that strength into economic power — DSIT's job — would be my idée fixe as Prime Minister.
DeepMind is our biggest success story as a nation since the GFC. Imagine if we could create more companies like that and actually scale and list them in the UK.
A $1 trillion company would dramatically turn around our GDP growth rate and allow us to fund everything the state wants to do today...
As Argentina was throwing in the towel at the end of the Falklands War, journalist Max Hastings, incredibly, walked into occupied Stanley ahead of the British forces. He speaks to the dejected Argentine soldiers and asks if they’re surrendering. Some of them glare at him but he meets no resistance. He then continues to the town pub, the Upland Goose, where he's met with cheers. The landlord says: “We never doubted for a moment that the British would come… Would you like a drink?”
Via @dcsandbrook
Some of the best value in world markets might be sitting at home. UK shares trade at about a third less than the rest of the world.
At Investor Summit 2026: fund manager Laura Foll (@law_debenture) on where UK equities are mispriced, and the Great British Bargains panel with Nick Britton (@AICPRESS), Jean Roche (@Schroders) and Richard Shepherd-Cross (Custodian Property Income REIT).
One day with the people who run British markets, and you in the room.
18 September, The Brewery, London. Book your place. https://t.co/Vwa4HZ5k0t
Very excited for Fireside Chat with @Frencheconomics who is one of the UK’s most respected economist and commentator. Compelling & topical UK growth, Public Sector Reform, radical reshaping of £400bn of Govt procurement to put Great British companies in the frame #Growth#Debt